Finance

The growing number of independent financial advisors could spell trouble for traditional RIAs, says the head of the national advisory firm.

Efforts to build better connections to bank customer data, trade digital currency and explore artificial intelligence for security and compliance purposes were some of the biggest draws of fundraising for U.S. startups.

“Recent small reductions in headcount reflect the need to balance our workforce growth with the current needs of our business," the company says.

The deal for Next Financial would grow the firm's portfolio in the sector to nearly 2,000 reps.

The firm says clients can achieve similar risk-return exposures and long-term returns with a well-diversified portfolio.

A member-owned market is the wrong response to rising fees.

By sending orders to an exchange they own, banks and brokers presumably can save money on trading costs.

A record 186 funds were shuttered last year. What does this mean for the future of the industry?

A record number of fund openings and closures were reported last year. What does this mean for the future of the industry?

They may trade like stocks, but a new report suggests investors stop treating the two like they are one and the same.